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You would like to estimate the weighted average cost of capital for a new in business. Based on its industrysset bota, you have already estimated

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You would like to estimate the weighted average cost of capital for a new in business. Based on its industrysset bota, you have already estimated an urlovered cost of capital for the firm of 10%. However, the new business will be 25% debt finance, and you anticipate its debt cost of capital will be os corporate tax rate is 33%, what is your state of its WACC? The equity cost of capital is [. (Round to one decimal place) Question Help

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